States › Florida › Santa Rosa County
County33rd of 67 in Florida by approvalsFIPS 12113
SBA loans in Santa Rosa County, Florida
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 113 loans to businesses in Santa Rosa County, Florida, in FY2021 to FY2025, worth $76.5M: 100 under 7(a) and 13 under 504.
That is 32.8 approvals per 1,000 business establishments (3,442 establishments in 2023), below the Florida figure of 41.6 and below the national 41.0.
It ranks 33rd of 67 Florida counties with approvals. In FY2025 there were 41, up 71% on FY2024.
42 lenders had approvals here; the most active were Hancock Whitney Bank (10), Florida First Capital Finance Corporation, Inc. (9) and Newtek Bank, National Association (8). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Santa Rosa County
By number of approvals to businesses in the county, FY2021–FY2025; 42 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Hancock Whitney BankGulfport, MS | 10 | $4.9M | 8.8% | |
| 2 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 9 | $9.8M | 8.0% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 8 | $4.5M | 7.1% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 7 | $8.7M | 6.2% | |
| 5 | Northeast BankLewiston, ME | 6 | $1.3M | 5.3% | |
| 6 | First Internet Bank of IndianaFishers, IN | 5 | $6.8M | 4.4% | |
| 7 | The Huntington National BankColumbus, OH | 5 | $829K | 4.4% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 5 | $540K | 4.4% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $354K | 4.4% | |
| 10 | PNC Bank, National AssociationWilmington, DE | 4 | $690K | 3.5% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $378K | 3.5% | |
| 12 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 3 | $7.0M | 2.7% | |
| 13 | Florida Business Development CorporationTampa, FL · CDC | 3 | $2.0M | 2.7% | |
| 14 | SouthState Bank, National AssociationWinter Haven, FL | 3 | $1.1M | 2.7% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 3 | $750K | 2.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 17 | 15.0% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 8 | 7.1% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 7 | 6.2% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 6.2% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 5.3% | |
| 6 | Residential Building ConstructionNAICS 2361 | 4 | 3.5% | |
| 7 | Offices of PhysiciansNAICS 6211 | 3 | 2.7% | |
| 8 | Child Day Care ServicesNAICS 6244 | 3 | 2.7% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 2.7% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 3 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 19 | 16.8% | |
| 2 | Construction | 19 | 16.8% | |
| 3 | Health Care and Social Assistance | 16 | 14.2% | |
| 4 | Retail Trade | 13 | 11.5% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 11 | 9.7% | |
| 6 | Professional, Scientific, and Technical Services | 8 | 7.1% | |
| 7 | Arts, Entertainment, and Recreation | 7 | 6.2% | |
| 8 | Other Services (except Public Administration) | 5 | 4.4% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 10 | $1.8M | $100K | 3 | $2.0M | 13 | 74 |
| FY2025 | 38 | $26.0M | $150K | 3 | $971K | 41 | 376 |
| FY2024 | 22 | $7.8M | $175K | 2 | — | 24 | 266 |
| FY2023 | 9 | $5.8M | $150K | 2 | — | 11 | 161 |
| FY2022 | 16 | $13.1M | $302K | 5 | $7.0M | 21 | 395 |
| FY2021 | 15 | $10.5M | $350K | 1 | — | 16 | 167 |
| FY2020 | 18 | $17.7M | $574K | 4 | $4.5M | 22 | 182 |
| FY2019 | 16 | $14.6M | $218K | 3 | $964K | 19 | 219 |
| FY2018 | 12 | $7.2M | $150K | 0 | — | 12 | 289 |
| FY2017 | 14 | $5.0M | $103K | 2 | — | 16 | 219 |
| FY2016 | 8 | $1.2M | $120K | 2 | — | 10 | 58 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 79 approvals.
Against Florida and the country
| FY2021–FY2025 | Santa Rosa County | Florida | United States |
|---|---|---|---|
| Approvals | 113 | 26,882 | 342,825 |
| Approvals per 1,000 establishments | 32.8 | 41.6 | 41.0 |
| Median 7(a) approval | $250K | $240K | $190K |
| Median 504 approval | $835K | $624K | $657K |
| Average approval | $677K | $609K | $573K |
| 504 share of approvals | 11.5% | 13.4% | 11.0% |
| Jobs supported per approval, as reported | 12.1 | 10.4 | 10.5 |
| Share of state approvals | 0.4% | 100.0% | — |
Approval sizes
- $50,000 or less18.6%21
- $50,001 to $150,00020.4%23
- $150,001 to $350,00019.5%22
- $350,001 to $1 million23.9%27
- $1 million to $2 million8.0%9
- Over $2 million9.7%11
Age of the businesses
- Existing, more than 2 years old46.9%53
- New business, 2 years or less11.5%13
- Startup, loan funds will open the business32.7%37
- Change of ownership8.8%10
Questions and answers
Which lenders make the most SBA loans in Santa Rosa County?
By approvals in FY2021 to FY2025: Hancock Whitney Bank (10), Florida First Capital Finance Corporation, Inc. (9), Newtek Bank, National Association (8), Live Oak Banking Company (7), Northeast Bank (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Santa Rosa County?
The median 7(a) approval was $250K and the median 504 approval $835K; the Florida 7(a) median was $240K.
Which industries get the most SBA loans in Santa Rosa County?
Restaurants and Other Eating Places (17); Services to Buildings and Dwellings (8); Building Equipment Contractors (7); Other Amusement and Recreation Industries (7); Other Specialty Trade Contractors (6).
Is SBA lending in Santa Rosa County rising?
Approvals in the three latest complete fiscal years total 76, against 59 in the three before: rising (+29%).
How does Santa Rosa County compare with the rest of Florida?
32.8 approvals per 1,000 establishments against 41.6 statewide, and 113 of the state's 26,882 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error